Recent Articles

  • Brief valuation of Systems, Applications & Products (SAP) corporation

    SAP is one of the largest players in the commercial software sector. Following our analysis of SAP’s history and capital structure, it is evident that the company has been able to sustain a stable growth for the past 15 years, whilst also maintaining a stable dividend payout. Barring 2015, SAP’s WACC has fallen year on year over the observed period, maximising shareholder value and equity prices. Its conservative financing policy, with a greater emphasis on equity financing than debt may on the one side foreclose potential growth acceleration, yet also indicates a long-sighted managerial conservatism that is focused on long-term value creation rather than short-term growth. One danger of conservative policies is the potential stalling of further growth. However, new partnerships such as the newly announced enlargement of SAP’s cooperation with Microsoft in the sphere of cloud services point in the right direction towards further growth in a highly saturated sector.

  • Servant leadership, Institutional Health and Effectiveness in Ethiopian Teacher Training Colleges

    The study was aimed to examine the practices and correlates among servant leadership, institutional health and effectiveness in Ethiopian Teacher Training Colleges. It was descriptive survey and correlation study conducted in sample teacher training colleges. In sum, 160 participants consisted of 52 academic staff (male=38; female=14), 54 administrative staff (male=23; female=31) and 54 students (male=43; female=11) were participated. Stratified and simple random sampling methods were employed to select samples. Mean, t-test, correlations and regressions were used to analyze data. In addition, the results were significant at p

  • Extent of Application of Strategic Management Control in the Management of Tertiary Institutions in Anambra State

    The main purpose of the study was to ascertain the extent of application of strategic management control in the management of tertiary institutions in Anambra State. It was a descriptive survey research guided by one research question and one null hypothesis. All the four public and private universities in Anambra State of Nigeria were studied. The population of the study comprised two-hundred (200) respondents while the sample of the study comprised one hundred and fifteen (115) respondents made up of all the twenty (20) core management staff, thirty (30) Deans selected through purposive sampling technique and sixty-five (65) HODs selected through proportionate stratified random sampling technique using 50 percent of the total population of the HODs. The instrument for data collection was researchers-developed questionnaire titled “Strategic Control Application Questionnaire” (SCAQ). The reliability of SCAQ was determined using 20 respondents from tertiary institutions in Ebonyi State. Cronbach alpha statistics was used to measure the internal consistency of the items which yielded the means of 0.83. The researchers personally administered copies of the instrument on the respondents in their respective institutions. Data collected were analyzed using mean, standard deviations and ANOVA. The findings of the study indicated among others that strategic management control was applied to a low extent in tertiary institutions in Anambra State. It was among others recommended that the ministry of education should attempt organizing for managers regular workshops, short courses and seminars on strategic management control to enable them grasp the fundamentals and have confidence in managing strategically and that NUC should ensure that strategic management control is included in its criteria for accrediting tertiary institutions.

  • Nutrition Attitudes and Information Levels of Football Referees

    This study aims at revealing the changes in nutrition attitude and knowledge levels of football referees. 130 referees actively serving as Candidate, Provincial and Regional Referees in Izmir, Konya, Aksaray and Niğde provinces constituted the sample group of the study. The personal information form was used in obtaining the socio-demographic information, and the nutrition knowledge and attitude scale developed by Ertürk (2010) was used in determination of the nutrition attitude and knowledge. The variance and homogeneity of the data were tested, “Independent Samples t Test” was used for binary comparisons, “One Vay Anowa” for differences between groups in multiple comparisons, and “Tukey” test for the determination of variation sources. The nutritional attitudes of the provincial and district referees were higher than those of the candidate referees and the nutritional information of the candidate referees were higher than the provincial and district referees and this change was statistically found to be significant (P